No you haven’t read it wrong, the Greek sovereign debt crisis could have a positive impact for UK homeowners.
If Greece leaves the Euro it is quite likely the rest of Europe, including the UK, could suffer. This does however mean that interest rates could remain at their all-time low of 0.5% for some time – there is even talk of them being reduced further.
If you have a tracker mortgage, this is good news. Even if you don’t have a tracker mortgage you could possibly switch to one to benefit from lower interest rates. Please
call Luke Ashton on 01483 468 878 or email email@example.com to find out more.